Private Sector As Agents Of Change
By Izam S. Ya'akub

Bandar Seri Begawan - The role of the private sector as agents of change in assisting the government by directing what it needs to deliver was highlighted by Dato Hj Hamdilah bin Hj Abdul Wahab, Deputy Minister at the Ministry of Industry and Primary Resources, in his opening remarks at the Asia Europe Emerging Economic Leaders Forum, at The Empire Hotel and Country Club yesterday morning.

"I see the role of the private sector as equal partner as well as a change agent. I see them as leading practitioners, not only in taking advantage of business opportunities and helping in the development of innovation and entrepreneurship, but also in guiding our government with what it needs to deliver right," said Dato Hj Hamdilah.

He said the synergy between public and private sector will make the work of developing SMEs a more effective and rewarding undertaking for all concerned, after citing that the mutually beneficial arrangement was evident at the four-day forum, which opened yesterday.

The deputy minister acknowledged the strong support for this event from the Ministry of Foreign Affairs & Trade and the Ministry Industry & Primary Resources along with several large and local successful companies in Brunei, BLNG Sdn Bhd, HSBC, QAF, Adinin Groups of Companies, Galfar Pembinaan dan Perusahaan Sdn Bhd, DST, Radio Television Brunei, Asia Inc and Brunei Press Sdn Bhd.

The deputy minister holds the view that both regions SMEs are able to partner and do business in the new and growing BIMPEAGA market, as EAGA like Asia-EU is very big and challenging in areas in their own different way. He added that the regions need to be more focused and clear about impediments, removing of factors which will enable business to take root and what the opportunities are and where they are located in the respective regions.

The deputy minister also said that Chambers of Commerce have a very important role to play in promoting individual SME as well as the wider interest of the business community, with the outcomes of the discussions and recommendations providing greater impetus to the ongoing work in the various fora of Asem generally and more specifically the Ministry of Industry and Primary Resources to rejuvenate the various Brunei Chamber of Commerce and Business Associations so that they will be more professionally managed and run, and become credible business organisations representing all business men and women in the country. -- Courtesy of Borneo Bulletin

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